UK startups are being preyed upon by other European countries after the Brexit vote

European countries are trying to prey on the UK's fastest-growing
technology businesses as founders consider whether they want to
continue building their startups in a country that has voted to
leave the European Union.

UK startups are concerned that Brexit will make it harder for
them to hire the right talent and attract investment from venture
capitalists.

Ireland, Switzerland, and others have already been in touch with
TransferWise, a
London fintech company with a valuation over $1 billion, to
see if it's interested in starting or moving operations to their
shores.

TransferWise CEO and cofounder Taavet Hinrikus welcomed the
attention on Twitter, saying "competition between states is
good."

Ireland, Switzerland, others reaching out and tempting @TransferWise to start/move operations there - competition between states is good :)

A report in The
Wall Street Journal on Friday said that officials from Paris,
Frankfurt, and Dublin are "pouncing" on London's financial
companies post-referendum as they look to become Europe's premier
financial hub.

Hinrikus did not reveal whether he plans to take the countries up
on their offers but several other startups have publicly stated
that they plan to expand overseas.

Josh March, founder and CEO of customer service software provider
Conversocial, is contemplating a move from London to Ireland or
Germany following the UK's decision to leave the EU, while Rich
Pleeth, founder and CEO of friend meetup app Sup, is looking to
at a potential move to New York City.